Dividend Stocks

[gfp927z]

LTC Properties - >>> Riding the demographics trend


http://www.fool.com/investing/2016/11/17/3-stocks-that-pay-you-each-month.aspx?source=yahoo-2&utm_campaign=article&utm_medium=feed&utm_source=yahoo-2



LTC Properties is a real estate investment trust -- or REIT -- that owns 216 healthcare properties in 30 U.S. states. These properties are primarily skilled-nursing or assisted-living facilities that cater to the elderly.

Rather than taking on the challenge of managing the facilities directly, LTC outsources the work. The company hand-picks a group of operators who keep an eye on the day-to-day happenings at each property, allowing LTC to stay focused on expanding its empire.

LTC has been running this simple playbook for decades, which has allowed it to pay out a juicy dividend for more than 20 years. Over time, LTC's financial success has allowed it to pass along bigger and bigger payments to its investors, and more than a decade ago, it decided to switch from making quarterly payments to offering investors a check each month.

One trend that working in LTC's favor is the gradual graying of the American population. Each day, roughly 10,000 baby boomers turn 65, and the population of elders who need care is only going to go up. That should ensure that demand for skilled-nursing and assisted-living facilities remains strong for decades to come, which bodes well for LTC's future prospects.

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